DOLLAR RENT A CAR operates and licenses others to operate daily car rental operations. Established over 30 years ago, DOLLAR RENT A CAR now serves the worldwide car rental market.
Franchisor Background
Year Established: 1965
Franchising Since: 1966
Operating Units: |
Franchised Units: | 224 | | 60.2% | | |
Company-Owned Units: | 148 | | 39.8% | | |
| ______ | | _____ | | |
Total Operating Units: | 372 | | 100% | | |
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Geographic Distribution: |
U.S.: | 86 | | 23.1% | | In 48 States |
Canada: | 36 | | 9.7% | | In 0 Canadian Provinces |
International: | 250 | | 67.2% | | In 0 Foreign Countries |
| ______ | | _____ | | |
Total: | 372 | | 100% | | |
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North America: |
States/Provinces with the largest number of operating units: |
Density | Units | | | | |
1. California | 0 | 2. Florida | 0 | 3. Texas | 0 |
Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia
Financial Requirements
Investment: |
Minimum Net Worth: | $250K |
Cash Investment: | $100K-2MM |
Total Investment: | $100K-2MM |
Average Total Investment: | $1050K |
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Fees: |
Initial Franchise Fee: | $12.5K+ |
Average Franchise Fee: | $12K |
On-Going Royalty: | 8% |
Average Royalty: | 8% |
Advertising Fee: | Included |
Average Number of Employees: Varies Full-time, 0 Part-time
Space Needs (in square footage): N/A
Preferred Sites: Free-standing Building, Storefront, Strip Center
Other Sites:
Encourage Conversions? Yes
Earnings Claims Provided? No
Listed in the SBA Registry? No
Support and Training
International Franchise Association: | No |
Canadian Franchise Association: | No |
Franchisee Association/Member: | No |
Size of Corporate Staff: | 400 |
Site Selection Assistance? | No |
Lease Negotiation Assistance? | No |
Financial Assistance? | Yes, Direct |
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Marketing Support: |
Co-Op Advertising: | No |
National Advertising: | No |
Regional Advertising: | No |
Local Advertising: | No |
Marketing Materials: | None Specified |
Additional Services: | None Specified |
Other Marketing Support: | None Specified |
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On-Going Support: |
Central Data Processing: | At Additional Cost |
Central Purchasing: | Included in Fees |
Field Operation Evaluation: | Included in Fees |
Field Training: | Included in Fees |
Initial Store Opening: | Included in Fees |
Inventory Control: | Not Applicable |
Franchisee Newsletter: | Included in Fees |
Regional or National Meetings: | Included in Fees |
800 Telephone Hotline: | Included in Fees |
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Training: |
1. Headquarters Orientation | 3 Days | 2. On-Site Field Training | 2 Weeks | 3. Automation | 1 Week |
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Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important): |
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Financial Net Worth: | 5 |
General Business Experience: | 5 |
Specific Industry Experience: | 4 |
Formal Education: | 4 |
Psychological Profile: | 4 |
Personal Interview(s): | 5 |
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Minority Representation
Units Owned by Minorities: |
African-American: | N/A |
Asian-American: | 5 |
Hispanic: | N/A |
Native American: | N/A |
Other: | N/A |
Specific Minority: | DOLLAR is racial and gender neutral in its franchise development. |
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Terms of Contract
Term of Initial Contract: | 10 Year(s) |
Term of Renewal Period: | 10 Year(s) |
Passive Ownership: | Not Allowed |
Area Development Agreements? | Yes, for 1 Year(s) |
Sub-Franchising Contracts? | No |
Franchisees Allowed to Expand Within Territory? | Yes |
Expansion Plans
Projected New Units Over Next 12 months: 24
U.S.: | Yes, Not FL,MA,VT,NH,NV,AR,UT,MT |
Canada: | Yes, 2 Master Fran. |
Overseas: | Yes, Australia, China, Southeast Asia |
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